Economy

Laos Inflation Rises to 7.8 Percent in September as Education, Utility Costs Climb

Laos’ inflation rate rose to 7.8 percent in September, up from 7.7 percent in August, with education, utility, and some seasonal costs contributing to the increase, according to the Ministry of Finance. The latest increase came as the new school year began, with education costs rising 18.8 percent from a...

African Swine Fever Disrupts Pork Supplies, Beef Prices Rise in Vientiane

The pork shortage is putting pressure on Vientiane’s meat markets as African swine fever...

Corruption Crackdown in Laos’s Attapeu Province Uncovers Millions in Financial Irregularities

Attapeu authorities have detailed five years of corruption investigations and financial irregularities, including a...

Lao Migrant Workers Send Home USD 500 Million in First Seven Months of 2026

Lao migrant workers sent an estimated USD 500.7 million back to Laos during the...

Vietnam Emerges as Laos’ Second-Largest Foreign Investor with USD 8 Billion in Projects

Vietnam has become Laos's second-largest foreign investor, with more than 400 projects worth a...

Lao President Visits Communist Party Secretary in Chongqing, China

Mr. Thongloun Sisoulith, President of Laos, visited Mr. Yuan Jiajun, Communist Party Secretary of Chongqing, on Monday. During his visit, the Lao president praised Chongqing's...

Laos Inks Another Deal to Send More Workers to South Korea

The Lao government signed a Memorandum of Understanding (MOU) with South Korea last week to send more Lao nationals to work in the country's...

Lao Visitors Boost Sales and Tourism in Udon Thani, Thailand

Udon Plaza Company Limited, along with the UD Town Shopping Center, Moko Hotel, and Monthathip International Convention Center, has reported a significant rise in...

Businesses in Golden Triangle SEZ to Only Accept Payment in Lao Kip

Businesses in the Golden Triangle Special Economic Zone will need to display a sign that reads "Accept Lao Kip Only" for payments starting Monday. The...

Laos Plans to Export Rice to United States in 2024

The owner of a rice production company in Laos expressed her interest in exporting rice to the US next year after the recent success...

Dr. Martens Boots “Made in Laos” Set Social Media Abuzz

Dr. Martens has been trending on social media in Laos after one person made the surprise discovery that the German-founded British brand of boots...